Launch an institutional-grade VC fund in a day with no up front costs. 
Meet Start Fund
1

brokerage accounts for VC funds

I need to open a brokerage account for a portco that exited.  Will be holding the public stock before distributing to LPs.  Should I open the account for the LP or the Manco?  I am leaning toward using Fidelity but any recs on best brokerage account for VCs would also be appreciated.
1 See in Base
1
Typically this is done at the LP entity level because it's the fund's portfolio company. If you were to do it at the ManCo level you would have an audit trail that showed that the stock was transferred to the manager and you would need to explain the reason even if it was temporary.
0
Thanks Mike, makes sense 

Join VC Lab

VC Lab, the leading venture capital accelerator, empowers new and emerging managers worldwide to close ethical, high-performing funds in under six months. The program provides cutting-edge tools, expert mentorship, and a global network to raise more money in less time. Apply if you want to build a meaningful venture capital firm.

Apply Now